Those who prolong their stay with Mom and Dad can knock up to 10 years off the time needed to save for a down payment.1 Meanwhile‚ Boston-area renters aiming for 20% down face nearly 15 years of saving. Here are the numbers:

The study factored in markets’ median home prices‚ median incomes‚ and an assumption of saving 16.5% of income.

Those choosing to live with parents as well as save for a 10% down payment will have enough saved in four years and two months. (Timeframe is based on saving 34% of income.)

Boston-area renters paying $2‚415 a month would need more than 14 years to save the money needed for 20% down on a $467‚000 property.